-
Bretton Woods Symposium with C.K. Prahalad and BOP practitioners
Last week, John, Cory, and I went to a symposium on the BOP hosted by the Bretton Woods Committee. The symposium was paneled by four individuals from academia, an MNC, a technical assistance non-profit, and a small social for-profit corporation. Kai Schmidtz, EVP and COO of MicroFinance...
- Categories
- Uncategorized
-
Financial Services for the BOP? The Ring Tone Tolls for Thee
Recent news stories in the New York Times, Red Herring, the Economist, and others note new features that allow cellular phones to serve as mobile wallets. While no article has said so explicitly, the potential application to BOP markets is huge. Cell phones are cheaper, hardier, and more...
- Categories
- Uncategorized
-
Designing for the BOP
As readers of this page are now well familiar, companies worldwide are rapidly becoming aware of and pursuing markets at the base of the pyramid (BOP). I’m often dismayed, however, by how many of these efforts are essentially just scaled-down or lower-cost versions of existing products or...
- Categories
- Uncategorized
-
The Impact of Low-cost Handsets
A number of articles appeared this week that trumpeted both the success and growth of mobile telephony in emerging economies. The first gives an update from the Emerging Market Handset Programme (EMHP), highlighting GSMA’s six month extension of its endorsement of Motorola as the program’s...
- Categories
- Uncategorized
-
Jeff Sachs and the End of Poverty
Jeff Sachs, Director of the Earth Institute at Columbia University in New York City, spoke Tuesday, March 14 at the Center for Global Development here in Washington. Professor Sachs has long been identified as a strong proponent of a publicly-led drive against global poverty. As Director of...
- Categories
- Uncategorized
-
Reminder: BiD Challenge Deadline
Just a reminder, the deadline to submit your business plan for the BiD Challenge is this Monday, March 20th.The Bid Challenge is offering ?150.000 in start-up finance for plans thatcombine income generating business with poverty reduction in a feasible way. Both new ideas and plans to...
- Categories
- Uncategorized
-
Interview with George C. Lodge, the man behind the World Development Corporation
In January, I wrote about the proposed creation of the World Development Corporation (WDC), a new institution which would harness the capabilities of MNCs to confront global poverty while at the same time reviving their legitimacy and maintaining shareholder value. The for-profit entity would...
- Categories
- Uncategorized
-
Microsoft Redeems Itself!
My post last Thursday criticized Microsoft’s potential release of a stripped down version of its forthcoming Windows Vista operating system for emerging markets. I thought this was the wrong approach; rather than strip features out, Microsoft should be figuring out which applications to add...
- Categories
- Uncategorized
